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You are here: Home / Archives for Akash Anand

Akash Anand

How to Play Craps at Crypto Casinos

May 26, 2022 by Akash Anand

In most crypto casinos, craps is one of the most popular dice games. The more dice a craps game has, the more challenging and pleasant it is. 

Punters place wagers on the outcome of a die roll in this classic dice game. Also, this game offers a wider range of wagers than most other table games at crypto casinos.

Basic Rules of Craps at Crypto Casinos

To play online at crypto casinos, you must first understand that the game uses a regular pair of dice and that the number of players is unlimited. In the event that there are many “throwers,” the dealer rolls the dice, and the outcome is decided by chance. The dice are rolled by the player who begins the game.

The outcome of the dice roll depends heavily on the numbers that are rolled. Keep in mind that stakes at crypto casinos are often placed prior to the dice roll. Craps has a wide variety of wagers that you should be aware of before you begin playing. 

The only difference between regular and standard craps in crypto casinos is that you must place bets with cryptocurrencies at crypto casinos. Due to the fact that craps at crypto casinos is a round-based game, you have the option to place multiple stakes at once. The stakes are spread out across the table, with each section designated for a certain type of wager. 

A “shooter,” or “thrower,” is a player who rolls a die. The dice roll result determines whether or not you win or lose. In most games, a new shooter takes the field for each round. 

If the player’s first throw is a 7 or 11, the game is over. A “crap” occurs when two, three, or twelve dice are thrown; this results in a loss of the round. It’s still possible for the player to go on and win further rounds in the game.

Notably, both dice must be rolled by one hand, and the shooter must throw a dice as far as possible from opposing ends of the table. If you don’t, you’ll lose the round, and it won’t be counted.

Types of Craps Bets

In crypto casinos, craps provide a wide variety of wagering possibilities, which makes the experience more interesting. It’s important to be familiar with each one in order to place wagers with the most efficiency.

Pass Bet

The Pass Line bet is what you should wager if you are following the basic rules of craps. In this case, you’re wagering that the shooter will roll a 7 or an 11.

Come Bet

Following the establishment of the point, you can place a bet similar to the Pass. You win if the following bet is a 7 or 11. Your come-bet point is made by placing a wager on a different number, and if that number rolls before your opponent does, you take the prize.

Don’t Pass Bet

If you wager on Don’t Pass, you’re betting against the shooter making their point before evening-out or crapping out.

Don’t Come Bet

Your goal is to win money by betting that the shooter will miss or fail to score a point.

Place Bets

A Place bet can be made after the point has been set. It’s a wager on the outcome of the next roll of the dice before the shooter sevens out. For instance, if the point is 6, you can place a wager on any of the other possible point numbers: 4, 5, 8, 9, or 10.

Big 6 or Big 8

When the 6 is the bet, you’re wagering that a 6 will roll before a 7. After placing an eight on the table, you’re placing a wager that an 8 will roll before a 7. If you place this wager, you’ll get paid out at a rate of evens.

Important Tips for Bitcoin Craps

There is nothing complex about playing at crypto casinos for fun or staking real money to try your luck. You may improve your chances of winning at crypto casinos by utilizing a wide variety of ideas and techniques.

Be Familiar with Craps Strategies

To play craps at crypto casinos better, you require a little research and understanding of the game’s rules. Craps is a simple game to play at most crypto casinos online, but you should familiarize yourself with the most important tactics. 

Luck is a major factor in games, but a well-thought-out strategy can increase your chances of victory. Avoid tossing the dice at random and instead devise a plan that anticipates your next step.

Use Different Betting Options

In many crypto casinos, craps is a popular game because of its many betting options. Rather than relying on an assumption, it’s best if you know what each of the betting selections means. Try not to put all your money on just one bet. 

You should think about putting down a variety of wagers when staking at crypto casinos to spice things up. Making the most of the game’s potential can mean altering the rewards and winning odds. You may alter the game to your liking and influence other players as a result of your stakes.

Make Correct Bets

Craps is a game where your good fortune is everything. Since it is not a game of skill, it is impossible to alter the gameplay once the wager has been placed. Be careful not to risk more funds than you can afford to lose. 

Don’t wager unnecessarily large sums of money in your crypto wallets. For this, you need to figure out how much you’re willing to lose and stick to it.

The danger in it is that you may come to regret placing such a large wager and wind up losing your Bitcoins. It is essential to place appropriate stakes to take advantage of craps titles at crypto casinos.

Conclusion

Online crypto casinos currently provide a wide range of deposit and play options for mobile craps players. On the other hand, traditional payment methods may fall short in providing the advantages you need.

It goes without saying that gaming with cryptocurrency takes a minor adjustment. A cryptocurrency exchange is where you’ll acquire your digital currency and then deposit the funds into your crypto casinos’ account. You’ll have no problem playing at any crypto casinos after you’ve mastered this feature.

Filed Under: Press Release Tagged With: Bitcoin (BTC), Cryptocurrency

Crypto Lottery: Winner Takes All

May 23, 2022 by Akash Anand

When it comes to gambling, there are a lot of different options to choose from. You can visit a physical casino, play games online, or try your luck at a lottery.  Each of these options has its own unique set of pros and cons, so it’s important to understand what each one entails before making a decision.

If you’re interested in playing games online, there are a few things you should keep in mind. First, make sure the site is reputable and has a good reputation. There are a lot of scams out there, so it’s important to do your research before depositing any money. Second, make sure you understand the rules of the game. There are a lot of different types of games available online, so it’s important to know what you’re getting into. Finally, be aware of the bonuses and other incentives offered by the site. Many sites offer sign-up bonuses, which can be a great way to boost your bankroll.

Finally, if you’re thinking about playing the lottery, there are a few things you should keep in mind. First, make sure you understand the odds of winning. The odds of winning the lottery are very slim, so it’s important to be realistic about your chances. Second, make sure you know how to play the game. Lotteries can be confusing, so it’s important to understand the rules before you buy a ticket. Finally, make sure you’re playing the right lottery. There are a lot of different lotteries out there, and not all of them offer good odds.

Some lotteries require that players make a minimum deposit in order to participate. Others may limit the number of free tickets that players can receive. It’s important to read the rules and regulations of each lottery before deciding whether or not to play.

Crypto Lotteries – Terms and Conditions

When you enter a crypto lottery you are agreeing to the terms and conditions set forth by the operators. These terms and conditions usually include things like eligibility requirements, how tickets can be purchased, how the winning numbers are chosen, and what happens if you win.

It’s important to read through the terms and conditions before entering any bitcoin lottery, as they can vary from lottery to lottery. If you have any questions about the terms and conditions, be sure to contact the operators before entering.

It’s also important to stay safe and secure while playing. Here are some tips to help you do just that:

1. Make sure the lottery is reputable. There are a lot of scams out there, so be sure to only play at reputable lotteries.

2. Use a strong password. This is important for any online service, but especially important when playing a bitcoin lottery.

3. Keep your computer protected. Make sure your computer has up-to-date security software and is protected from malware and other threats.

4. Don’t share your information with others. This includes your password, email address, and any other personal information.

5. Be careful when clicking links. Phishing scams are common, so be careful when clicking on links in emails or on websites. If something looks suspicious, don’t click it.

6. Stay up to date on the latest security news. By keeping up to date on the latest security news, you can stay informed about the latest threats and how to protect yourself.

Filed Under: News, Press Release Tagged With: Bitcoin (BTC), Cryptocurrency

Monoverse hosts a large-scale airdrop event on CoinMarketCap

May 18, 2022 by Akash Anand

Monoverse, a blockchain gaming company and developer of play-to-earn NFT game Frutti Dino, announces its large-scale airdrop event on CoinMarketCap, the world’s largest price-tracking website for cryptocurrency.

Monoverse gifts 100 Frutti Dino tokens to 1,000 participants each in CoinMarketCap hosted, 12-day airdrop event

This airdrop event will be held on CoinMarketCap for a total of 12 days from May 16th to 27th. One hundred FDT will be given to 1,000 people through a lottery with a total size of $55,000. Anyone can participate in the event simply by following the official Frutti Dino accounts on Twitter and Facebook and joining the Telegram channel. Players can participate in the event and find more details on the CoinMarketCap Airdrop page: www.coinmarketcap.com/currencies/frutti-dino/airdrop.

Monoverse is a new blockchain-based game developer made up of business experts and game developers from the 3N Korean game companies NCSOFT, NEXON, and Netmarble. The company’s game “Frutti Dino” is one of the most awaited NFT Play-to-Earn games of 2022. Through a partial upgrade, crafting system, and gameplay, users can “grow” their dinosaurs to become more powerful. For more information, visit https://monoverse.io/

In addition to the NFT game Frutti Dino, Monoverse is developing its own blockchain platform Entropy to onboard various blockchain games. Entropy is a sidechain technology for NFT game services. Through this blockchain, Monoverse will lower gas fees and increase the transaction processing speed. Monnoverse will first onboard Frutti Dino, followed by other third-party games to Entropy.

Additionally, Monoverse secured a $3.1 million investment from Korea Real Estate Investment and Trust (KOREIT) with its long-established blockchain expertise and profound team members. Monoverse will continue to expand games and blockchain platforms through various partnerships with additional notable blockchain and game companies.

“This event is a great opportunity to introduce Frutti Dino to users on a global scale,” says Monoverse Vice President Jay Park. “We are on the path to becoming a leader in the gaming industry and every addition to the community is a win.”

Filed Under: Press Release Tagged With: coinmarketcap

TOP 3 Earn Passive Income with Crypto in 2022

May 10, 2022 by Akash Anand

Cloud Mining

Cloud mining is a kind of remote mining. Users may acquire cloud mining contracts, lease computer capacity for mining, and earn a consistent income through the site. The benefit of cloud mining is that users do not require an in-depth grasp of mining concepts and diverse software and hardware, nor do they need to acquire costly mining devices or maintain 24-hour availability.

Hashlists offers such cloud mining services and has also created a new user experience incentive worth $8 for cryptocurrency newcomers, allowing customers to try out a one-day cloud mining service without making a deposit. The $8 experience coupon is used to purchase a new user experience package and get $0.8 after one day. Simultaneously, the $8 may be used to buy and withdraw additional value contracts. New users can sign up and cash out the benefits upfront.

Hashlists believe that everyone should have access to simple passive income through cryptocurrency. To ensure that this is feasible, it provides users with various plans. Contract mining options include LTC MINING, ETH MINING, BTC MINING, FIL MINING, and DOGE MINING, with prices ranging from $8 to $6,500.

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TOP 3 Earn Passive Income with Crypto in 2022 3

Users may deposit any cryptocurrency through cryptocurrency wallets or exchanges, and the site will immediately convert it to USD equivalents, which can be used to purchase any plan. When the user completes the investment withdrawal process, he must enter the cryptocurrency withdrawal address. The system will immediately transfer the cryptocurrency to the specified address at the current market price. As a result, mining revenue will be unaffected by cryptocurrency price fluctuations.

In comparison to mining, cloud mining is more accessible to newcomers. Beginners don’t need to possess expert abilities to install and maintain mining equipment. Hashlists will take care of all of that to provide you with a hassle-free environment, and all you have to do is start mining at their expense.

Affiliate Programs

Some digital currency firms have created incentive schemes to incentivize everyone to assist the platform in recommending new users. This may be accomplished by sharing an affiliate link, suggesting a friend, or providing other incentives to new users.

If you have a sizable following on social media (Twitter, Instagram, TikTok, Facebook, or YouTube, for example), the affiliate program is an excellent method to make a little money.

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TOP 3 Earn Passive Income with Crypto in 2022 4

Hashlists have an affiliate network of this kind. Users who refer friends using their referral links earn a 3% reward on each investment plan bought by the invitee. For instance, if the invitee purchases a $100 investment plan, the inviter receives a $3 commission.

If you’re interested in generating passive income with Hashlists, join the Hashlists Affiliate Program and earn commissions for spreading the word about Hashlists!

Mining

Mining is defined as using computing power to maintain a network and earn incentives. While mining does not involve the ownership of digital currency, it is one of the oldest and most established methods of making passive income in the digital currency field.

Mining with CPU was a proven approach throughout the early stages of Bitcoin’s growth. As the network’s hash rate rose, the majority of miners upgraded to more powerful GPUs. As competition intensified, the battleground shifted to ASIC — electrical devices that use mining-specific processing processors.

The ASIC sector is very competitive, with competitors monopolizing R&D resources. By the time these chips reach the retail market, they may be outdated, and they will take significant mining time to break even. As a result, the majority of the Bitcoin mining industry has been taken over by professional firms, making it harder for regular people to earn passive income.

Additionally, mining equipment installation and maintenance demand an initial investment and a certain degree of knowledge. As a result, this is not appropriate for beginners.

Conclusion

There are a rising number of passive income prospects in the blockchain sector, which are increasingly becoming more popular with each passing day. Additionally, some of these approaches have been employed by blockchain companies to provide mining services to a much larger audience. As the security and dependability of blockchain products continue to develop, they may soon become a reliable source of income. So, if you are looking forward to starting your career in mining, we suggest that you should consider the offer that Hashlists is providing and start making passive income on auto mode because the sky is the limit when it comes to possibilities with blockchain and mining.

Filed Under: Press Release Tagged With: Crypto, Crypto Adoption

Blockchain Development and Its Future

May 2, 2022 by Akash Anand

Blockchain first entered the world as the Distributed Ledger Technology (DLT) supporting the earliest Bitcoin transactions; done by Satoshi Nakamoto themselves. 

Almost sixteen years have passed since then and blockchain development has come leaps and bounds, becoming the cornerstones of multiple markets and its own industry in its own right. The rise of blockchain developer companies, seemingly popping up out of every corner, shows the potential of blockchain technology. 

The crypto-sphere is too often focused on hype coins like Shiba Inu or speculative price analysis. However, the real value is being driven into blockchain development by some of the smartest individuals on the planet with trustless, permissionless, and decentralized values at the cornerstone of their coding. 

In this article, we will discuss Layer 1 vs Layer 2 blockchains, the major blockchain development companies, and what we can expect from blockchain in the near future. 

Blockchain Development Leaders 

Although there are dedicated Blockchain development companies making waves in the industry, more traditional technology companies, such as Microsoft, are also active in the space. In September of 2021, it was declared that Microsoft is shutting its Azure blockchain down due to declining interest in the product and Blockchain-as-a-Service (BaaS).

Microsoft gave their existing clients a converting solution through ConSensys. 

One of the leading blockchain companies is Chainalysis, a company focused on building trust in blockchains through data. Their clients are not exclusive to Barclays, Commonwealth Bank, and Bitpay; their services monitor over $400bn worth of crypto assets every month. 

Other blockchain development leaders are quickly finding out the unique problems blockchain technology solves, the efficiencies they create, and the services they care for which we once thought were riddled where middlemen.

For example, short-term decentralized car rental systems have been created on the blockchain, which promotes peer-to-peer rental systems without a middleman. 

Lastly, one of if not the biggest companies embroidering blockchain technology is IBM, aiming to bring hyperledger to their client’s businesses. IBM has invested over $200m in blockchain development and is constantly hiring talented blockchain developers to join their company. 

Looking forward

As blockchain development continues to be the spearhead of the crypto community, many wonder what’s next? Many blockchain development companies will focus on two main aspects:● Blockchain as a service (BaaS)

BaaS is the bread and butter for blockchain developer companies, providing blockchain solutions for others wishing to build or use their own apps or smart contracts. BaaS often consists of basic services which the clients then build on top of; granting them a strong foundation on which they build their concept on. 

For example, companies will utilize BaaS companies to help keep their data safe, immutable, and private by using blockchain technology. It is a win-win solution, as customers are more willing to trust a service, knowing it is built on top of open-source smart contracts, instead of a centralized authority. ● Layer 1s Vs Layer 2 Blockchains (L1 VS L2)

With greater adoption already here and more projected in the future, Layer 1 blockchains, such as Ethereum, are all struggling with the biggest problem: Scalability.

Step in Layer 2 blockchains. Layer 2 protocols or frameworks are built on top of the existing chain to solve scalability and speed issues. A great example is Polygon, built on top of the Ethereum chain. 

Once Layer 2 is adopted, much of the grunt-work can be loaded off Layer 1 whilst keeping the security that comes from the chosen consensus mechanism. Adding a second layer is often called an off-chain solution to the problems faced by major L1s. 

These Layer 2 can now focus on speed and scalability whilst they benefit from the security of the L1. A great example is the Polygon Network aimed at helping the Ethereum blockchain scale. One of the greatest benefits of Polygon is the extremely cheap transaction fees compared to Ethereum, whilst utilizing the safety of Ethereum validations. Polygon transactions are often less than $0.01 compared to Ethereum’s $15 average.

On top of this, Ethereum can manage around 14 transactions per second, compared to Polygon’s ability to handle 65,000 transactions per second. 

Further, in the future, we are likely to see even greater development and adoption of L2 solutions to combat the life-long issues that L1 blockchains have suffered. 

Conclusion

Blockchain development is still in its infancy, with some of the biggest blockchains and blockchain development companies yet to even exist. It is an extremely exciting space; one that we hope continues to flourish. 

Only time will tell whether the promises made by large Blockchain developer companies will come true and mass adoption will occur. 

Filed Under: Blockchain Tagged With: Blockchain

What Are the Benefits of Crypto as an Alternative Payment Method?

March 25, 2022 by Akash Anand

The fascinating thing about cryptocurrency is how it’s grown over the years. There was a time when it was considered a fad that would fizzle out as soon as it arrived, primarily due to its decentralized nature. When the value depends on the perception of the public, what’s stopping the inherent value from tanking? It’s an odd idea, but one that has undoubtedly gained strides over the years.


These days, cryptocurrency is becoming more and more accepted among the masses. Even people who initially weren’t interested are making small investments to see where it might lead. As a result, some companies have started adding crypto as an alternative payment method for products and services.
There are even gaming platforms, such as online casinos, trying their hand at alternative payment methods. If you’re looking for one of the best, the online casino NetBet is a great option. That said, here are just some of the benefits you get from using crypto as an alternative payment method.

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Source – Pixabay
  1. An excellent choice for those who got into the crypto craze early
    There’s no denying that the ones who got into the oldest cryptocurrencies early on are laughing all the way to the bank. Despite the ups and downs, cryptocurrency has faced, those who got in early have plenty of options. With more and more businesses accepting crypto as alternative payment methods, it’s undoubtedly an excellent choice.
    Cryptocurrency is the kind of currency that treats people better the further time goes. If you’re smart with your investment — and were lucky enough to get an early start — you have all the opportunities you need.
  2. A safe, private alternative payment method
    One of the primary reasons why people prefer to make purchases with cryptocurrency is the level of privacy. Everyone has access to traditional currency, and some of the shadier individuals have methods of scamming people out of hard-earned money. On the other hand, cryptocurrency is almost impossible to breach, offering an alternative payment method that pushes for safety and security.
    You won’t have to worry about scams when you use crypto as your primary currency. That said, you still have to adopt best-practice methods to ensure you make the most out of your opportunities.
  3. Traceability isn’t an issue
    One of the issues of payment transactions with regular currency is there’s always a chance for a third party to potentially manipulate the transaction. While cybersecurity has undoubtedly grown over the years, so too have the tactics of cybercriminals. With the blockchain, you won’t have to worry about any third party making changes, as everything is traceable and entirely synchronised. For many, it’s a more secure route of payment that people are generally more comfortable taking.
    Conclusion
    There’s no denying that cryptocurrency can be tricky for those looking to invest. However, the ones lucky enough to make the right choices have a fantastic mode of online payment. Traceable and nearly impossible to hack and breach, cryptocurrency is here to stay, and there are many benefits to using crypto as an alternative means of payment.

Filed Under: Press Release Tagged With: Bitcoin (BTC), Cryptocurrency, Ethereum (ETH)

TronNinja Arcade Officially Enters the Tron Grand Hackathon

March 10, 2022 by Akash Anand

The TronNinja team has officially entered the Tron Grand Hackathon. Yes, you heard it right. You can show your support for TronNinja and what it’s trying to accomplish by voting for it on the Grand Hackathon.

A simple vote can help TronNinja bring a better experience and also help to bring an immersive platform to its users. TronNinja brought the child inside us back to life by bringing back arcade games. We all remember a time when we were glued to our seats playing arcade games, a time before this computer era.

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TronNinja Arcade Officially Enters the Tron Grand Hackathon 7

Arcade games are more than a memory for many. It’s nostalgic to put it the right way. TronNinja arose out of this love because it was a social hub for some. In essence, it aims to digitize the local arcade and bring back an old art form using modern technologies.

The TRON Grand Hackathon 2022 is a chance for unheard talents to make their mark and contribute to the development of Web 3.0 while promoting the growth of the blockchain ecosystem. It is basically an Olympics for the blockchain community.

This Grand Hackathon will be a three-monthly funded event that will foster the expansion of the TRON and BTTC ecosystems. The first hackathon commenced on February 14, 2022. This year alone, there are three hackathon seasons planned. If you missed the first one, mark your calendar and return on time.

Show your support here if you love arcade games and what TronNinja is trying to accomplish. The second and third hackathon will be held on May 14, 2022 – Jun 7, 2022, and Aug 14, 2022 – Sep 7, 2022, respectively.

There will be four tracks and prizes for each season, namely:

  • Web3 Track
  • DeFi Track
  • GameFi Track
  • NFT Track

Another promising project in the NFT Track is Turu Global. It is a real estate platform for people who dream of owning land in prime locations in major cities. The Versac Brick Squad is a collection of DAOs investing in real estate assets, jointly managing the assets in a platform structure provided by TuruGlobal and making Real Estate investment accessible for the people. Every real estate asset managed has its own DAO, and the Brick NFTs represent ownership in this DAO held for that particular real estate asset.

The Grand Hackathon rewards

The Grand Hackathon emerged as an initiative to support the creators of different blockchain projects. The ongoing funding event will allow creators to take their ideas and startups and kick them up a notch.

It allows you to go through all of the Web3, NFT, DeFi, and GameFi tracks and thoroughly study each project to determine whether it is anything that the TRON community would benefit from. In any project entry, you are also welcome to offer questions.

The prize distribution per track, per season, is as follows:

  • First Prize: $50,000
  • Second Prize: $30,000.
  • Third Prize: $20,000
  • Fourth Prize: $15,000
  • Fifth prize is $10,000.

If you are an arcade game lover, you will never be disappointed in showing your love for what TronNinja is trying to accomplish. Follow them on their Discord and Twitter for more updates.

Filed Under: News, Blockchain Tagged With: arcade, Blockchain, tron grand hackathon, TronNinja

Live Dealer Casino Games Explained for Newbies

March 1, 2022 by Akash Anand

What are live casino games, and how do they work? Read our guide to understand how live casino games work for players in 2022.

Live dealer casino games are easily regarded as the most realistic and atmospheric types of casino games you can play in 2022. However, if you are amongst the uninitiated or simply haven’t made the switch yet, what are you missing? How do live casino games work? Join us as we explain all in our brief but concise guide.

It All Begins with A Casino Account

Before you can play live dealer casino games, you’re going to need an account. You don’t have to head to a dedicated live casino to find these games. They are so popular that they can now be found at seemingly any online casino. Just double-check that there is a section called “live” or “live casino” first.

Pick Your Live Casino Games

You should aim to pick an online casino that features software from the biggest providers in the business, like Evolution Gaming, Ezugi and Pragmatic Play. The greater the number of live software providers, the larger the gaming library will be. You should easily find baccarat, blackjack, and roulette live casino games, but it is nice to see other options, including craps, poker, money wheel, lottery, and game show titles available, too.

The Tech Behind Live Dealer Titles

Are you familiar with the tech behind live dealer titles? If not, then you probably don’t know how they work. Basically, a live video is streamed from a casino floor or a studio, where a real-to-life human dealer takes control of the action. Because of this, though, you’re going to need a reliable and stable connection. If you lose your connection, you’ve essentially lost your bet. The game won’t freeze until you return like RNG (random number generator) titles do.

How to Play Live Casino Games Online

You will begin playing live casino games by placing a wager. You can do this digitally via the on-screen menu. The human dealer won’t touch your money (how could they?). Similarly, if you play with cards, the dealer takes control of their own hand with physical cards, while your hands are digitally displayed on the screen, or every player will use the same real cards as displayed.

Each game has its own rules, and you can chat to the dealer (via a text box), who can reply while the game is being played, adding more realism to the titles.

What About High-Roller Variants and Tables?It is possible to play high roller live casino games, but these aren’t open to every player. They will usually be called VIP, Salon Privé, or Diamond games, and you may need to be a VIP member or a high-ranking member of an online casino to play them. However, some sites – such as Rollers Casino – offer high stakes games to all players at

Filed Under: News, Blockchain, Press Release Tagged With: Blockchain, Crypto Gambling, news

A Brief History of Dogecoin

February 18, 2022 by Akash Anand

Five years after the release of Bitcoin, two software engineers created their own cryptocurrency, which began as a joke, but soon grew to become a legitimate investment option. Thus, in 2013, Dogecoin entered the crypto market. Today, it is one of the most sought-after cryptocurrencies, which can be used to purchase plenty of goods and services. One of the most popular uses for the meme coin on the internet is wagering Dogecoin at online casinos. 

Online casino websites have been becoming ever more popular in the past decade. It seems that in the modern, cyber era, a large percentage of people prefer to stay at home and play their favorite casino games, rather than having to travel to expensive land-based casinos. A hugely revolutionary idea in the world of online casinos is wagering cryptocurrency, rather than fiat money. Among the most popular cryptocurrencies, today is Dogecoin, and you will be surprised to see how many results a quick search for the best Dogecoin casino will give. 

Though it has been around since 2013, Dogecoin truly came to prominence in 2021, when it suddenly gained traction. This means that many people do not know about the origin of Dogecoin. So in this article, we will look through the history of the meme coin, and explain how it came to be. 

The Origins 

In 2013, Bill Markus and Jackson Palmer created the idea of Dogecoin as a joke, attempting to simultaneously parody and get in on the cryptocurrency bandwagon. The goal of the team was to create a cryptocurrency that could reach a large demographic, and also be so ridiculous as to separate itself from the number of controversies that cryptocurrency was involved with at the time. 

The team took the image of “doge” as a mascot for their new idea, and thus Dogecoin came to pass. The website set up by the duo was met with an overwhelmingly positive response, seeing over a million visitors in the first week alone. 

The Middle Period

Dogecoin would continue to see success. In the first few days of its existence, the meme coin saw a massive surge in value, close to 300%, with the value of a single unit rising from US$0.00026 to 0.00095 dollars. This surge happened at a time when the overall crypto market was reeling due to China restricting cryptocurrency when it comes to Chinese banks. China continues to have a contentious relationship with cryptocurrency to this day, as they have recently declared all transactions made with digital currency illegal. 

The coin has experienced several ups and downs throughout the years, until 2021, when digital currency came to the forefront of popular culture. Let us take a look at some of the reasons for Dogecoin’s surge in popularity. 

The 2021 Boom

The precursor to the 2021 surge in popularity came a year prior when the community on the popular entertainment app Tik Tok came up with a trend to try and get the meme coin to $1. This trend was soon picked up by Reddit, and from there the popularity of the digital asset spread to popular culture. 

What truly brought Dogecoin to the forefront, however, was its numerous endorsements by a couple of celebrities, including Snoop Dogg, Gene Simmons, and most notably, Elon Musk. Elon Musk has been a passionate, long-time proponent of Bitcoin and other cryptocurrencies, so when he began making allusions to the meme coin, its value saw a huge spike in popularity. 

Today, Dogecoin is ranked among the most popular cryptocurrencies and has been revitalized in the mainstream thanks to the vocal support of a few of crypto’s big names, including Ethereum creator, Vitalik Buterin. 

Filed Under: News, Press Release Tagged With: Dogecoin (DOGE), Elon Musk

LaCucina launches DeFi engagement platform democratizing the crypto landscape, partners with MDEX, Beefy.Finance

January 13, 2022 by Akash Anand

LaCucina, the fair DeFi engagement platform, is coming out of stealth, announcing its official launch this January on the Binance Smart Chain, the first one on the blockchain to offer regular users a way to enjoy DeFi even more. Through its advanced engagement enhancing system, the platform offers a variety of benefits-boosting opportunities to users who use selected decentralized exchanges. LaCucina also announces its collaboration with MDEX, a leading decentralized cryptocurrency exchange, and Beefy.Finance, a secure and high-APY multi-chain yield optimizer.

Many DEXs and farms offer lucrative opportunities with high-percentage yields, yet they are often designed to mainly benefit the crypto whales, essentially allowing the rich to get far richer, while those who hold less see very slow growth. These benefits derive from staking protocols that mostly reward users for staking large sums into the liquidity pools rather than for their dedication to bringing liquidity, no matter what the staking amount. LaCucina evens the playing field by rewarding engagement in a more fair, fun, and flexible way.

Teaming up with MDEX and Beefy.Finance, LaCucina amplifies their users’ rewards on coins staked at those third-party platforms through an engaging and fun benefits program. LaCucina sets up Ovens for select liquidity pools on MDEX and Beefy’s Vaults. These Ovens then monitor the transactions in the underlying liquidity pools or vaults and reward users based on a multitude of parameters such as liquidity timing or duration. By linking their wallets with LaCucina, users who participated in the target pools over the designated time periods will be able to get additional benefits.

As part of the collaboration, MDEX will offer a farm for the $LAC liquidity pool, rewarding $LAC liquidity providers with its $MDEX token. LaCucina will set up an Oven for this liquidity pool, making sure its participants are also rewarded with $LAC. Beefy.Finance, for its part, will launch a Vault for the MDEX farm, further amplifying the benefits for liquidity providers. To claim their rewards, liquidity providers will not have to move their staked positions or stake anything at LaCucina; the platform does not feature native staking and operates as an additional reward level on top of third-party decentralized exchanges and farms. 

LaCucina is also granting retroactive perks to users who provided liquidity to select liquidity pools on MDEX, PancakeSwap, and Sushiswap in past months as well as a wide variety of ongoing reward programs. The users do not have to do any additional staking to claim their rewards. The platform’s flexible engagement enhancing system, or Cooking Plans, is designed to prioritize factors other than the stake size, such as the time when the stake was made, its duration, and other parameters. This allows small users to punch above their weight with well-timed and committed engagement.  

LaCucina also introduces a unique and innovative way for users to increase their relative share of rewards via interaction with NFTs. Users can spend their LAC tokens to get “Secret Ingredients”—special NFTs, such as “Space Mushrooms” and “Martian Worms.” These NFTs representing interstellar food ingredients are released on an on-going basis and vary in rarity and nutritional value. LaCucina users can put several ingredients together to “cook” a new NFT of a different type—a Reward Boosting Dish such as pizza, pasta, or zuppa. The Dish will carry a multiplier that its owner can then activate on any Oven to increase their relative share of rewards. The multipliers will range between 1 and 10, depending on the rarity and nutritional value of the ingredients used. 

“LaCucina was born out of the necessity for projects to create appealing and attractive ways to incentivize users to engage with and promote participation. None of the existing DEXs and farms out there offer the level of flexibility that LaCucina offers, resulting in biased allocations of rewards, in such a way that the rich get richer and the small players do not stand a chance of properly enjoying DeFi,” says LaCucina’s Head Chef. “But the vision doesn’t stop there. LaCucina is planning on being the most impartial launchpad for crypto projects, facilitating direct engagement between projects and users and allowing projects to directly reward users for their engagement with the project. LaCucina’s roadmap for the near future offers a truly special product and aims to set a new standard for launchpads.”

“Our mission is to help users maximize their profits when putting their crypto to use,” says Weso, Head of Strategic Partnerships at Beefy Finance. “LaCucina’s vision is geared toward the same goal, which makes it a perfect partner. We are happy to be offering our users even more value from their investments with no additional costs on their end and look forward to welcoming more investors on our platform.”

“Liquidity providers are a central pillar for any decentralized crypto exchange,” says KIKO, CMO of MDEX. “Without their support, such projects cannot function. Any extra incentive for users to stake their tokens into liquidity pools ultimately works toward enabling the larger crypto ecosystem as such, which makes projects like LaCucina such a crucial piece of the puzzle. We are thrilled to be moving ahead with this partnership.”

Filed Under: News, Blockchain Tagged With: Binance, binance smart chain, Blockchain, DeFi

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